Ullink, a global provider of market leading electronic trading and connectivity solutions, today announced that Kotak Institutional Equities (KIE), one of India's leading institutional brokers and a division of Kotak Securities has chosen Ullink’s UL Bridge connectivity solution.
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Misys, the leading financial software company, has launched an in-memory analytics engine, FusionBanking Insight, integrated with its next-generation core banking solution, FusionBanking Essence.
SimCorp, a leading provider of investment management solutions and services for the global financial services industry, today announced that LIM AdvisorsLimited, a Hong Kong based fund manager, has signed a milestone agreement to utilize SimCorp Dimension for a full front, middle and back office platform.
Surecomp®, the leading global provider of trade finance solutions for banks and corporations, announced today that Isbank AG, the European arm of Turkey’s leading bank Türkiye Is Bankasi A.S., has licensed Surecomp’s state-of-the-art DOKA 5® trade finance system. A configurable bank back-office solution, DOKA 5 leverages Surecomp’s decades of experience providing proven trade finance systems to banks and corporations worldwide.
Partech Ventures today announced that it has co-led a new €10MM financing round in Kantox, the pioneer in foreign exchange services for SMEs and mid-cap companies.
“With our 2nd significant investment in 18 months, Partech Ventures reaffirms its full commitment to Kantox” explained Philippe Collombel, Managing Partner at Partech Ventures and Kantox board member.
SWIFT’s RMB Tracker shows that the value in weight of the RMB used for payments exchanged with China and Hong Kong within Asia Pacific increased by 327% between April 2012 and April 2015. During this three year period, the Chinese currency moved from position number five to the top currency used in Asia Pacific to do business with Greater China.
SunGard has been named “Best Collateral Management Solution” and “Best Corporate Actions Processing Solution” in the FTF News Technology Innovation Awards 2015. SunGard is also an FTF Gold Standard Award recipient in the “Best New Post-Trade Solution for the Buy-Side” category.
When the FATCA returns and listing deadline of 1st June ends, financial institutions must quickly turn their attention to even more expensive and burdensome regulations. Justin Hayes, product manager at Linedata, the leading international software and solutions provider, outlines the impact the OECD Common Reporting Standards, dubbed ‘Global FATCA’, will have on the industry.
Gunvor Singapore Pte Ltd (the "Borrower"), a wholly-owned subsidiary of Gunvor Group Ltd ("Gunvor Group"), has signed a USD 911.7 million syndicated revolving credit facility (the "Facility"). Initially launched at USD 550 million, the Facility was well received by the banking community and was oversubscribed by 65%. As a result, the Facility was increased and an accordion feature has been opened to accommodate additional participation.
Thomson Reuters, the world’s leading source of intelligent information for businesses and professionals, today announced that its dealer-to-customer trading venue, FXall, has again been named “Best multibank and independent platform” in this year’s Euromoney Foreign Exchange Survey for the 13th consecutive year.
Euromoney’s annual quantitative and qualitative study of the FX markets is the result of a poll of more than 14,000 FX market participants who represent a total volume of $225 trillion.